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some good news -- some good economy, the dow jones industrial average is up to date. is the first time since of 2007 it broke 14,000. year the best start to any of dating back to 1994. two days awayt from the raven's facing the 40 in super bowl xlvii. where espnce is live has set up the ultimate football experience. week i have worn a masquerade mask. is a little face paint? almost game time. very appropriate. the super bowl celebration has transformed the city. this is jackson square, the downtown new of orleans. you can see what happened here. created a super bowl pavilion. watching theeen coverage this week, this is look at whatscenes this looks like here. you see the map, the big screens, and the lights. look at the set up here. you have massive production right in downtown new orleans. some say it is a big deal, is just a game. this is a lot more than just a game. have businesses across the street. happened inwhat after hurricane trip began after hurricane katrina, the slowly build back. you can see the thousands of fans who are out here. they have been touring t
some good news -- some good economy, the dow jones industrial average is up to date. is the first time since of 2007 it broke 14,000. year the best start to any of dating back to 1994. two days awayt from the raven's facing the 40 in super bowl xlvii. where espnce is live has set up the ultimate football experience. week i have worn a masquerade mask. is a little face paint? almost game time. very appropriate. the super bowl celebration has transformed the city. this is jackson square, the...
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we get our first check on the economy in the new year. the january jobs report is out and despite improving signs, the economy shrank at the end of last year. >> january brought 157,000 new jobs and another 100 27,000 not previous -- 127,000 not previously counted, but the jobless rate went up to 7.9%. >> there is a role for more measures to nudge the rate down. >> there was a shrinking economy at the end of the year. >> we are not going anywhere fast. >> the economy is on a seesaw. >> the president can make any excuse he wants but it will not help americans find jobs. >> the president's job council expires today. >> the white house will begin a new effort to work with the business community. >> the labor secretary thinks immigration reform will help. >> if we can bring those 12 million out of the shadows, that is over $2 trillion. >> congress extended the debt ceiling, that they have yet to prevent big spending cuts. >> 800,000 civilians will lose their jobs. bases will have to be closed. the grants will have to be stopped. >> that could
we get our first check on the economy in the new year. the january jobs report is out and despite improving signs, the economy shrank at the end of last year. >> january brought 157,000 new jobs and another 100 27,000 not previous -- 127,000 not previously counted, but the jobless rate went up to 7.9%. >> there is a role for more measures to nudge the rate down. >> there was a shrinking economy at the end of the year. >> we are not going anywhere fast. >> the...
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they believe the economy added about 155,000 jobs last month. it's averaged about 150,000 jobs per month for the past two years. >>> there will be a changing of the guards at the state department. this is hillary clinton's last day as secretary of state. she will say goodbye to employees this afternoon. john kerry will be sworn in this afternoon. he's resigning from the senate where he served for five terms. >>> it now appears the obama administration is ready to take a more active role in the crisis in syria. vice president joe biden will meet with the head of the syrian opposition. they'll meet tomorrow in munich at a security conference. this is the highest level meeting since it began the uprising nearly two years ago. more than 60,000 people have been killed in that war. chuck hagel is expected to be confirmed as defense secretary despite a rough day of questioning on capitol hill. his record as a senator caused frequent concern for the senate armed services committee. in 2001 hagel voted against sanctions on iran to stop the country from o
they believe the economy added about 155,000 jobs last month. it's averaged about 150,000 jobs per month for the past two years. >>> there will be a changing of the guards at the state department. this is hillary clinton's last day as secretary of state. she will say goodbye to employees this afternoon. john kerry will be sworn in this afternoon. he's resigning from the senate where he served for five terms. >>> it now appears the obama administration is ready to take a more...
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they believe the economy added about 155,000 jobs last month. it's averaged about 150,000 jobs a month for two years. >>> 6:04 right now. the obama administration is ready to take a more active role in the crisis in syria. vice president swroe biden will meet with the head of the syrian opposition. they'll meet tomorrow in munich at a security conference being held there. this will be the first time that a high-level u.s. meeting has happened since it started the uprising two years ago. more than 60,000 people have been killed in that war. >>> the senate will vote next week on whether to confirm chuck hagel as defense secretary. political analysts expect him to win approval despite a brewing confirmation hearing yesterday. he was grilled on his stance on iran and israel. if confirmed, he'll succeed leon panetta. >>> we'll find out if a mistrial will be declared in the case of a former culpeper police officer. two dictionaries and a thesaurus were found in the swrir room after the verdict was handed down on tuesday. jury members apparently looked
they believe the economy added about 155,000 jobs last month. it's averaged about 150,000 jobs a month for two years. >>> 6:04 right now. the obama administration is ready to take a more active role in the crisis in syria. vice president swroe biden will meet with the head of the syrian opposition. they'll meet tomorrow in munich at a security conference being held there. this will be the first time that a high-level u.s. meeting has happened since it started the uprising two years...
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the economy also added 157,000 jobs last month. even so unemployment inches up to 7.9%. >>> prince george's county could use some of that wall street magic. county leaders are planning foyer budget for 2014 and forecasting a -- planning for their budget for 2014 and forecasting a shortfall. they say they are looking for ways to save and everything now is on the table. >>> is the national football league get doing soft? roger goodell does not think so. the nfl commissioner took the podium in new orleans today and talked about player safety. he thinks the game can still keep its tough persona despite some of the new rules which changes the way players are hit. >> dial anything that's going to help us make -- i'll do anything that's going to help us make the game safer and better. i'll be happy to engage in the dialogue in a meeting where we can talk about the pluses and minuses and how we make the game safe. >> goodell says he'll suspend repeat offenders if he has to to get the message across. >>> meantime our blitz and glitz team is
the economy also added 157,000 jobs last month. even so unemployment inches up to 7.9%. >>> prince george's county could use some of that wall street magic. county leaders are planning foyer budget for 2014 and forecasting a -- planning for their budget for 2014 and forecasting a shortfall. they say they are looking for ways to save and everything now is on the table. >>> is the national football league get doing soft? roger goodell does not think so. the nfl commissioner took...
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the economy is seeing some bright spots. more people buying cars. when it comes to unemployment, the long-term outlook is grim. >> building study and near 8% is not where we want to be. >> some of the biggest challenges revolving around what is happening here in washington and the uncertainty over the debt ceiling. hallie jackson come wbal-tv 11 news. >> seeing a shift for the super bowl. the commercials are more of a start than the players. jane king has the bloomberg business report. veggies over pizza? >> i know. i'm not sure if i believe that. lockheed martin is seeing record profits on the horizon. the cfo says the company is not looking at any planned job reductions. facebook is trying out gift cards to get users stay on the site longer. now they include target. a down day for the markets yesterday. futures this morning are looking positive. we do get the january jobs report ahead of the opening bell. an executive says under armour is looking to hire outside talent this year and looking to beef up their presence overseas. ravens fever is sweep
the economy is seeing some bright spots. more people buying cars. when it comes to unemployment, the long-term outlook is grim. >> building study and near 8% is not where we want to be. >> some of the biggest challenges revolving around what is happening here in washington and the uncertainty over the debt ceiling. hallie jackson come wbal-tv 11 news. >> seeing a shift for the super bowl. the commercials are more of a start than the players. jane king has the bloomberg...
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they believe the economy added about 155,000 jobs last month. it will be an emotional day at the state of illinois department tod -- state department. she'll say goodbye to state department employees. john kerry will be sworn in this afternoon as her replacement. she says she knows she's leaving it in good hands. >>> the obama administration is ready to take a more active role in the crisis in syria. joe biden will meet with the head of the -- this will be the highest level u.s. meeting with syrian opposition since it began uprising nearly two years ago. more than 60,000 people have been killed in that war. >>> defense secretary nominee chuck hagel expected to be confirmed despite a contentious confirmation hearing. he spent hours answering questions from the armed services committee in the senate. lawmakers wanted clarification on various positions hagel has taken in the past. at one point he grappled over whether he was wrong to oppose the 2007 surge in iraq. >> were you correct or incorrect when you said that the surge would be the most dange
they believe the economy added about 155,000 jobs last month. it will be an emotional day at the state of illinois department tod -- state department. she'll say goodbye to state department employees. john kerry will be sworn in this afternoon as her replacement. she says she knows she's leaving it in good hands. >>> the obama administration is ready to take a more active role in the crisis in syria. joe biden will meet with the head of the -- this will be the highest level u.s....
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i'm encouraged by what i'm seeing by that side of the economy. melissa: when you hear there's, you know, one of the things that's helping in the economy are jobs in the energy sector, are you worried that might slow down? >> why would it sell down? melissa: because of more regulation, you know, the president has said he's going to focus on climate change, and when i hear something like that, that means cracking down on fracking and shale which is a booming industry in the country now, and environmentalists don't like. >> well, first of all, very little seems to happen in washington so i wouldn't worry too much -- melissa: that's true. >> about anything actually happening on that front. you know, i think even immigration, which seemed to be a slam dunk, is starting to look like it's becoming pretty difficult getting any kind of reform plan together so, look, i don't think the president -- i say this all the time, and people roll their eyes who don't like the president, but i don't think he's invested in destroying the economy. i think there is a b
i'm encouraged by what i'm seeing by that side of the economy. melissa: when you hear there's, you know, one of the things that's helping in the economy are jobs in the energy sector, are you worried that might slow down? >> why would it sell down? melissa: because of more regulation, you know, the president has said he's going to focus on climate change, and when i hear something like that, that means cracking down on fracking and shale which is a booming industry in the country now, and...
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companies looking pretty good. >> and what happened, we heard that the economy shrank. this is the coming battle, washington versus the private sector. the private sector seems to be wanting to move, to rebuild, that the recovery is happening, and then you have the defense cuts that led to -- we know around here, i can always use here, the sequester word, the more defense cuts could come and how that could slow down the economy. the economy is -- wants to get there, but every congressman i talked to, it's being held back by washington. depending on your ideology, it's being held back by the republicans or the president, but they're holding it back. >> chuck hagel i'll bet is glad the week is over. he went through a grilling. >> the wringer. i think he found out that when you switch sides, maybe, from your close friends, that they're a little more bitter, more upset. the white house was not thrilled with his performance, thought it could have been better. they're sticking by him, happy no democrats peeled away. there are 5 democratic senators. there's enough to confirm h
companies looking pretty good. >> and what happened, we heard that the economy shrank. this is the coming battle, washington versus the private sector. the private sector seems to be wanting to move, to rebuild, that the recovery is happening, and then you have the defense cuts that led to -- we know around here, i can always use here, the sequester word, the more defense cuts could come and how that could slow down the economy. the economy is -- wants to get there, but every congressman...
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. >> the economy added 150,000 new jobs last month according to the department of labor. it also released data that suggested hiring was stronger in the past two years than previously thought. employers added an average of 180,000 jobs per month in 2011 and 2012. that's up from previous estimates of 150,000 jobs a month. the unemployment rate did jump from 7.8% to 7.9%. >>> meantime, the auto industry showing off its latest innovations in our region right now. the 2013 washington auto show begins today. news4's megan mcgrath shows us they drive home the point that there's a lot to drive home. >> reporter: i wish i'd let me drive them, but it's been a fixture in this town for decades, it is always something new, this year is no different. more than 700 new vehicles from 14 manufacturers. it you're looking for luxury cars, this is interesting. if years past, if you wanted a luxury car, you had to traps around to the different manufacturers. we have the range rovers, behind us the bmws and the cadillacs right behind me now. automatic lot of people interested in the gizmo, th
. >> the economy added 150,000 new jobs last month according to the department of labor. it also released data that suggested hiring was stronger in the past two years than previously thought. employers added an average of 180,000 jobs per month in 2011 and 2012. that's up from previous estimates of 150,000 jobs a month. the unemployment rate did jump from 7.8% to 7.9%. >>> meantime, the auto industry showing off its latest innovations in our region right now. the 2013 washington...
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economy forceward. from my casual reading of the debates, there was mistrust that grew out of the 1986 immigration reform. conservatives argue -- and this is not something i covered directly -- but they argue that there was not enough enforcement and we ended up getting promises of a crackdown on illegal immigration that never materialized. i believe what they're arguing today is that they don't want to move forward on a path to citizenship until borders are better protected. host: the overall idea that they're talking together on this effort seems to be on a fast tracked. guest: right. we will see what comes of it. there's a lot of skepticism on both sides. at the end of the day, people do what is in their own interest. republicans and democrats, this might be one area where they have a mutual interest in revising and changing immigration laws. host: middletown, new jersey, bonnie, democrat. caller: good morning. i began losing trust in our economy when i was young during reagan opposing campaign when
economy forceward. from my casual reading of the debates, there was mistrust that grew out of the 1986 immigration reform. conservatives argue -- and this is not something i covered directly -- but they argue that there was not enough enforcement and we ended up getting promises of a crackdown on illegal immigration that never materialized. i believe what they're arguing today is that they don't want to move forward on a path to citizenship until borders are better protected. host: the overall...
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they believe the economy added about 155,000 jobs last month. it averaged about 150,000 per month for the past two years. >>> it appears the obama administration is ready to make a more active role in the crisis in syria. vice president joe biden will meet with the head of the syrian opposition. they'll meet tomorrow in munich at a security conference. this will be the highest level meeting since it began its uprising nearly two years ago. more than 60,000 people have been killed in that war. a vote is expected on the confirmation of chuck hagel as second of defense. he spent hours answering questions from the senate armed services committee. lawmakers wanted clarification on various positions hagel has taken in the past. he had one con stentious explanation with john mccain. >> were you correct or incorrect when you said that the surge would be the most dangerous foreign policy blunder had this country since vietnam? >> i'm not going to give you a yes or no. i think it's far more complicated than that. >> if confirmed, hagel, will replace leon
they believe the economy added about 155,000 jobs last month. it averaged about 150,000 per month for the past two years. >>> it appears the obama administration is ready to make a more active role in the crisis in syria. vice president joe biden will meet with the head of the syrian opposition. they'll meet tomorrow in munich at a security conference. this will be the highest level meeting since it began its uprising nearly two years ago. more than 60,000 people have been killed in...
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all that purple is bringing in plenty of green for the local economy. >> all the extra merchandise is good for business. it is more of a psychological effect for fans. a boost in morale can lead to an increase in productivity at work. >> the morale is boost and people are more focused on work rather than commiserating about the fact that the team lost. >> there is an increase in charitable giving when the ravens win. we're seeing a lot of joy. >> 5:36. 30 degrees at the airport. some people have some kind of a superstition when they follow the game. >> 100 on a scale from 1-10. >> our purple friday >> baltimore. we are a tough city. we're big and strong. >> he means business. that was anthony batts. it features offices all over the city sending messages to the team. how will you be watching the big game? i need a chicken wings in one hand. >> one family takes superstitions to a new level. deborah weiner delivers the traditional dominance. >> i have the donuts. but see what i got. >>no. >> what's wrong? >> they are in the wrong order. >> this is all wrong? >> all wrong. this >> is a to
all that purple is bringing in plenty of green for the local economy. >> all the extra merchandise is good for business. it is more of a psychological effect for fans. a boost in morale can lead to an increase in productivity at work. >> the morale is boost and people are more focused on work rather than commiserating about the fact that the team lost. >> there is an increase in charitable giving when the ravens win. we're seeing a lot of joy. >> 5:36. 30 degrees at the...
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it will be about the economy. there was a decrease military spending as we get prepared for this absurd sequestration idea. the state department, we cannot look at military programs that are producing weapons but we can look at people being furloughed. we can look at cutting back on security, has been a challenge we have inherited over the years and which i tried to explain to the congress. can look at the cutbacks in passports the american people deserve us to provide and on and on and on. we are 1/13 of the defense apart and budget. will we do affects americans'. it's not just programs over there. it's what we do it through those programs that make it possible for us to have jobs and travel easily. thank you for asking. this is a government wide challenge. i was giving a speech in hong kong and all these sophisticated investors and officials were lined up to say, "is the united states going to default on its credit?" i said we will never do that. are we going to have- sequestration? are we going to handicap ours
it will be about the economy. there was a decrease military spending as we get prepared for this absurd sequestration idea. the state department, we cannot look at military programs that are producing weapons but we can look at people being furloughed. we can look at cutting back on security, has been a challenge we have inherited over the years and which i tried to explain to the congress. can look at the cutbacks in passports the american people deserve us to provide and on and on and on. we...
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seven of the 10 fastest growing economies in the world are in africa. other countries still are engaged in doing everything they can to help their companies with contracts in that emerging market. other countries still are engaged in a very clear and relentless economic diplomacy. we should too and increasingly we are. and make no mistake, path there is a crucial strategic dimension to this development work as well. weak states represent some of our most significant threats. we have an interest in and strengthening them and building more capable partners that can tackle their own security problems at home and in their neighborhoods, and economics will always play a role in that. next, think about energy and climate change. managing the world's energy supplies in a way that minimizes conflict and supports economic growth while protecting the future of our planet is one of the greatest challenges of our time. so we are using both high-level international promising and grassroots partnerships to curb carbon emissions and other causes of climate change. we
seven of the 10 fastest growing economies in the world are in africa. other countries still are engaged in doing everything they can to help their companies with contracts in that emerging market. other countries still are engaged in a very clear and relentless economic diplomacy. we should too and increasingly we are. and make no mistake, path there is a crucial strategic dimension to this development work as well. weak states represent some of our most significant threats. we have an interest...
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. >> some slightly positive news for the american economy today. the first jobs report of the new year shows more jobs were added, but not quite enough to lower the unemployment rate. the jobless rate creeping back up to 7.9%. analysts are not expecting a major shift anytime soon. >> i do not think anything fundamentally has changed and i agree we are not going anywhere fast until businesses kick in. >> we added 157,000 jobs. they said there is reason to be excited about the increase in construction, a sign of long- term investment. let's look at how stocks are reacting. the dollar saw gains close to 100 points today while the nasdaq finished up 57 -- 37 and beat the s&p also finishing it in the positive. bottles of caught in cold syrup are being recalled because of the potential that child safety caps could fail. navarti issues but a voluntary recall. four children were able to get past the child-resistant caps. the medicines containing acetaminophen. large amounts could cause liver damage for children. there were manufactured before january of la
. >> some slightly positive news for the american economy today. the first jobs report of the new year shows more jobs were added, but not quite enough to lower the unemployment rate. the jobless rate creeping back up to 7.9%. analysts are not expecting a major shift anytime soon. >> i do not think anything fundamentally has changed and i agree we are not going anywhere fast until businesses kick in. >> we added 157,000 jobs. they said there is reason to be excited about the...
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the government announced the economy shrank in the final quarter of 2012. that hasn't happened in three years. thank you very much, fiscal cliff. the white house also responded to republican criticism after president obama disbanded his jobs council. >> the white house says the council was only intended to last for to years. the group met four -- for two years. the group met four times during its tenure and hasn't met in more than a year. >>> do you have a little girl who tends to scream a little bit when she gets excited? you might want to cover your ears when we have celebrity birthdays in the next slot. >> how many sports fans are really fanatic. we'll talk to a sports psychologist about why millions are so intense about their team. >> it's just . >>> welcome back. 5:38. we're dealing with some snow. in purcelville, they have snow sticking to the ground with the moderate band of snow moving in from parts of west virginia and the shenandoah valley. here's a look at your forecast. we have winter weather advisories till 10:00. moderate bands of snow the nex
the government announced the economy shrank in the final quarter of 2012. that hasn't happened in three years. thank you very much, fiscal cliff. the white house also responded to republican criticism after president obama disbanded his jobs council. >> the white house says the council was only intended to last for to years. the group met four -- for two years. the group met four times during its tenure and hasn't met in more than a year. >>> do you have a little girl who tends...
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a new outlook on the economy today and it is not too late to buy a ticket to sunday's big game either. lauren similar is nettie with fox business network is live in new york with the business beat. >> good morning. >> a donor day yesterday on the markets but overall, how did we do this month on wall street. >> it was the best january, best start to the year for stocks since 1994 for the dow and 1997 for the s&p. the dow surged more than 507 points this month. we are still talking about dow 14,000. we did have a setback yesterday off just about 50 points for the include chips but this morning, they are up 50 points as we wait for the january jobs reported. >> all right. everybody is talking about that. it is like the only thing going on this weekend. they were so expensive and traditionally are but apparently we can sort of get a bargain on the super bowl tickets. >> the highest super bowl was more than $3600 in 2011. that was packers versus steeleers. for ticket price, we thought we might have come close this year but not the case. ticket prices are about $1,000 less than that at $260
a new outlook on the economy today and it is not too late to buy a ticket to sunday's big game either. lauren similar is nettie with fox business network is live in new york with the business beat. >> good morning. >> a donor day yesterday on the markets but overall, how did we do this month on wall street. >> it was the best january, best start to the year for stocks since 1994 for the dow and 1997 for the s&p. the dow surged more than 507 points this month. we are still...
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consumer confidence will go down if the economy's worse, it will go up. if we get a couple of good jobs reports and people are hiring, consumer confidence goes up. it's not independent, though, of course, it does have its own effect and people are concerned. i want to add one more things to this job report. brian correctly mentioned the december jobs revision and it's really important, these revisions frankly matter more than the number for this month because they're just a lot more accurate. and the december revision is up 40,000. the november revision, i want to get the numbers right, because they're kind of shocking. the november revision is up from 161,000 to 247,000. >> wow. >> it's gone up almost 100,000. now, one thing to be said about this jobs report, this is an annual rebenchmarking, they are looking back at the jobs report and getting their models to fit the way the actual economy, the way the actual labor market looks and they should be significantly more accurate. that's a huge revision. the jobs report, the headline isn't the 157,000 jobs fo
consumer confidence will go down if the economy's worse, it will go up. if we get a couple of good jobs reports and people are hiring, consumer confidence goes up. it's not independent, though, of course, it does have its own effect and people are concerned. i want to add one more things to this job report. brian correctly mentioned the december jobs revision and it's really important, these revisions frankly matter more than the number for this month because they're just a lot more accurate....
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. >>> in other news, the first major indicator of the economy this year released this morning. the first monthly jobs report is expected to show employers made 165,000 new hires in the month of january. that's up from 155,000 back in december. analysts predict little change though from the 7.8% unemployment rate. >>> with a vote to extend the nation's debt limit the senate kicked the proverbial can down the road again. senators passed a bill yesterday that allows the nation to borrow above its current debt limit through the middle of may. that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest abuse allegations made public following a court order against the l.a
. >>> in other news, the first major indicator of the economy this year released this morning. the first monthly jobs report is expected to show employers made 165,000 new hires in the month of january. that's up from 155,000 back in december. analysts predict little change though from the 7.8% unemployment rate. >>> with a vote to extend the nation's debt limit the senate kicked the proverbial can down the road again. senators passed a bill yesterday that allows the nation to...
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but thanks to revisions the economy added one third of a million more jobs in 2012 than previously estimated. a large part of those jobs coming in the final months of the year. this as the dow closed out its strongest january in 19 years as we eye 14,000 yet again. >> thank you. >>> and dozens of people are dead in mexico city after a massive explosion rocked a state-owned oil complex. rescuers are searching through the rubble as investigators search for the cause of that blast that killed at least 32 people and injured more than 100 others. >>> the los angeles archdiocese is apologizing announcing that move -- a move of thousands of pages of personnel files have been released, detailing years of alleged abuse by l.a. priests. former cardinal roger mahony has been stripped of his public duties for his role in covering up alleged child sex abuse by priests. >>> another school shooting is under investigation. this one in atlanta. a 14-year-old boy is recovering today after he was shot in the back of the neck. police say they have the suspected shooter, another student, in custody. >>> a massiv
but thanks to revisions the economy added one third of a million more jobs in 2012 than previously estimated. a large part of those jobs coming in the final months of the year. this as the dow closed out its strongest january in 19 years as we eye 14,000 yet again. >> thank you. >>> and dozens of people are dead in mexico city after a massive explosion rocked a state-owned oil complex. rescuers are searching through the rubble as investigators search for the cause of that blast...